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Global Simultaneous Localization and Mapping Market Outlook 2019: Opportunity and Growth Analysis - Dominated By Intel Corporation, Microsoft, Alphabet, Amazon Robotics, Apple Inc., Clearpath Robotics Inc., Aethon, The Hi-Tech Robotic Systemz
Global Simultaneous Localization and Mapping market research report is always helpful to business or organization in every subject of trade for taking better decisions, solving the toughest business questions and minimizing the risk of failure. The studies of this report carefully analyzes the market status, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, and distributors. The most advanced tools and techniques have been used to structure this Simultaneous Localization and Mapping report such as SWOT analysis and Porter's Five Forces Analysis. Moreover, different segments of the market taken into consideration in this market research report give better market insights with which reach to the success gets extended.Additionally, Simultaneous Localization and Mapping market report endows with the information about company profile, product specifications, capacity, production value, and market shares for each company for the year 2018 to 2015 with the help of competitive analysis study. A strong research methodology used here comprises of data models that include market overview and guide, vendor positioning grid, market time line analysis, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. Simultaneous Localization and Mapping market research report definitely helps to diminish business risk and failure.
Global Simultaneous Localization and Mapping Market is driven by the need for low latency, fast computing, and less dependency on cloud-based AI for critical applications, global simultaneous localization and mapping market in estimated value from USD 102.4 million in 2018 to an estimated value of USD 1229.08 million by 2026, registering a CAGR of 36.43% in the forecast period of 2019-2026.
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Major Market Competitors/Players: Global Simultaneous Localization and Mapping Market
Few of the major competitors currently working in simultaneous localization and mapping market are Intel Corporation, Microsoft,
Alphabet, Amazon Robotics, Apple Inc., Clearpath Robotics Inc., Aethon, The Hi-Tech Robotic Systemz, Facebook, Inc., Intellias Ltd., MAXST Co., Ltd., Magic Leap, Inc., Rethink Robotics, Skydio, Inc., NAVVIS, Mobile Industrial Robots ApS, Kuka AG, GeoSLAM, Kudan, Dibotics, SMP Robotics, Parrot Drones SAS and others.
A bird’s eye view of the Simultaneous Localization and Mapping Industry made available in the report helps readers to understand the key drivers, restraints, challenges, and opportunities that are shaping the Simultaneous Localization and Mapping market. Furthermore, the report evaluates challenges experienced from buyers and sellers side.
Market Drivers:
• Technological Growth of Visual SLAM Algorithm
• Growing Influx for Self-Locating Robotics in Commercial and Residential Sectors
Market Restraints:
• Performance and Reliability issues in Untested Conditions
• Not Suitable for Dynamic Environments
Competitive Analysis: Global Simultaneous Localization and Mapping Market
Global simultaneous localization and mapping market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of simultaneous localization and mapping market for global, Europe, North America, Asia Pacific and South America.
Key Developments in the Market:
• In April 2018, Amazon (US) launched, a domestic robot named Vesta which helps in support functions like home security, diary
reminders, and chat, for day to day easy communications and networking.
• In September 2017, Intel (U.S.) with Mobileye (Israel) has launched a road experience management (REM) platform. It is an HD
mapping solution that makes use of data collected by road experience management enabled vehicles in building maps that are used in
autonomous driving systems and ADAs.
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